Negotiators extend UN climate talks in Baku to secure funding for developing nations

Negotiators at the UN climate talks in Baku, Azerbaijan, are working late to secure a financial deal for developing nations. The latest proposal offers $250 billion annually by 2035, which is more than double the previous goal but still far below the $1.3 trillion needed. Some delegates expressed frustration with the proposed figures, calling them inadequate. Negotiators are considering raising the offer to $300 billion, but many believe this amount still falls short of what is necessary to address climate challenges. Activists are protesting for a more ambitious deal, demanding "trillions, not billions" in climate funding. They argue that any agreement should better reflect the needs of vulnerable countries facing climate impacts.